PPP Loan information for Newport trading co, inc

$110,845

Newport trading co, inc was initially approved for PPP Loan of amount $110,845, the current approved amount is $110,845. The loan was approved on 04/16/2020 by The City National Bank of West Virginia reported 11 jobs and $110,845 was used to fund payroll.

Newport trading co, inc is Existing or more than 2 years old

PPP Loan Search / WV / BEAVER / Newport trading co, inc

NEWPORT TRADING CO, INC

Date Approved

04/16/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

NEWPORT TRADING CO, INC

Borrower Address

790 RITTER DR

Borrower City

BEAVER

Borrower State

WV

Borrower Zip

25813-9513

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110845.00

Current Approval Amount

110845.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74995

Servicing Lender Name

City National Bank of West Virginia

Servicing Lender Address

3601 MacCorkle Ave SE

Servicing Lender City

Charleston

Servicing Lender State

WV

Servicing Lender Zip

25304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEAVER

Project County Name

RALEIGH

Project State

WV

Project Zip

25813-9513

CD

WV-01

Jobs Reported

11

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19952.10

Payroll Proceed

88676.00

Mortgage Interest Proceed

2216.90

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

74995

Originating Lender

City National Bank of West Virginia

Originating Lender City

Charleston

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

111463.88

Forgiveness Date

11/12/2020

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